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Economics-2014: Answer Writing Challenge – 17


22 September 2014

Q1) Examine the challenges to export diversification and increase in export competitiveness of India? (250 words)

Q2) What is “Scitovsky’s Paradox” ? How far has Scitovsky been successful in removing contradictions in Kaldor-Hicks compensation criteria of welfare? (200 words)
Q3) Bring out the differences in the definition of deficit financing given by different authorities in India and examine the role of deficit financing as an instrument of monetary control. (250 Words)